Morning Hope everyone had a great weekend. #VXXGame, #ContangoETFs
Last Friday I was assigned my short Jan 20th 95 and 100 Calls leaving me with zero SVXY stock in quit a while. This morning I sold Feb 17th 90 Put @ 1.60 and Feb 10th Put @ 1.05 when $SVXY was around $110.0. I will roll to avoid assignment.
STO Feb 17 6.00 P @ 0.45 with stock at 7.21.
If assigned would have cost basis 5.55 for stock. Hasn’t been below there in over a year. Yes, it is in a hassle-fest with Walgreens and the government right now, but taking a chance here that this will stay above the 6 level by Feb 17. Good return on capital if it does.
#SPXcampaign Sold to Open $SPX Feb 24th 2150/2125 put spreads for 1.35, earlier when SPX was at 2266.
STO March 50 puts @1.45
Jan 23 08:40am Short 5 YM contracts as the YM crosses down over at 19760..TTM_Wave-A moves from above zero to negative red bars..Stop placed at 19780.
Jan 23 09:21 Exit my trade at the 19710 as YM bounces at the 19710, as TTM_Wave-A turns Green and moves to zero…
Gain @ 50 points @ 25.00/point…
STO Jan 27 $34 calls @ $0.25, these expire friday.
Just not seeing a catalyst this week that would cause $UVXY to jump over 20%. Easy to roll if need be.
#shortcalls
STO
$NUGT 2/3 11 calls @ .77 (covered)
$NUGT 1/27 12 calls @ .22 (covered)
Closed Out
$GOOGL shares assigned Friday for additional 6 points. Placed a stop at 833.60. Stock then closed @ 844.50, with low .20 below my stop. Feels sort of good not being a piggy. ;-}
#SPXcampaign Bought to close $SPX Feb 3rd 2125/2100 put spreads for .20. Sold for 1.45 on Jan 3rd.
#SPXcampaign #CondorRoll The consolidation continues with the small gap down immediately recovering. Continuing to sell 1-week out 4-dollar(ish) condors:
Sold to Open $SPX Jan 30th 2220/2245/2285/2310 iron condors for 4.35, with SPX at 2270.
Blue star = Market Moving Indicator; Yellow square = Merits Extra Attention; Pink Circle = Other Key Indicator
A chart with past earnings result for some companies reporting Monday or Tuesday.
% Earnings Above/(Miss) From Estimate Earnings Date Before/After Market
4Q 2015 1Q 2016 2Q 2016 3Q2016
SIMO (1.2) 3.5 12.7 14.1 23-Jan After
MMM 2.1 6.6 <1 <1 24-Jan Before
CNI 5.9 8.0 4.3 2.6 24-Jan After
GLW 8.4 0.0 14.4 9.4 24-Jan After
DHI 3.9 11.9 <1 (1.4) 24-Jan Before
DFS (12.5) 4.5 3.8 6.3 24-Jan After
JNJ 1.4 2.0 3.6 1.4 24-Jan Before
STX 16.1 (40.1) 14.4 9.8 24-Jan Before
TRV 8.5 (8.8) 5.7 <1 24-Jan Before
VZ 1.1 <1 2.1 2.6 24-Jan Before
#shortputs
$GS 2/17 230/235 BUPS @ 2.45
#coveredcalls
$VRX 1/27 15.50 call @ .40
#longcalls
$NFLX 3/17 145 call @ 4.50
Expired (The Good)
$CLVS 30/40 BUPS
$KSU 1/20 81 put (Earnings trade)
$MDLZ 38 put
$MS 40 put (Earnings trade)
$FB 110/115 BUPS
$SVXY 45 put
$TSLA 190/200 BUPS (2x position)
$AET 115/120 BUPS (2x position)
$NVDA 110/115 BECS (2x position)
$AMZN 720/770 BUPS
$ETP 36 call (covered)
$CVI 25 call (covered)
$PYPL 39.50 put
$YELP 38 put
$CMG 330 put
$MNK 45 put
$CVI 22.50 put
$ALXN 90 put
$SVXY 40 put
$SWN 11 calls (covered)
$NUGT 10.4 calls (covered)
$CLVS 45 put
$NFLX 110/130 BUPS
$MSFT 60 put
$SVXY 60 put
$MPC 50 call (covered)
Closed Early (More Good)
$AMZN 1/20 775 call STC @ 40.20 BTO @ 18 on 12/28
Covered Calls Called Away (Still Good)
$WLL called away @ $12 7.8% return one month
$AG called away @ $9 7.2% return one month
$PYPL called away @ 40 2.5% return one month
$MRO called away @ 16 9.6 % return one month
Puts Assigned to Me (Time Will Tell – Neutral Right Now)
$MS @ 45 and 43.5
$CELG @ 115
$APC @ 71.50
$AMD @ 11.50
$T @ 42.5
Calls Exercised by Me (Time Will Tell – Neutral Right Now)
$GOOGL @ 785
$YELP @ 40
Expired With Loss (The Bad)
$SWKS 76/79/82/79 IB (Earnings Play)
$PG 82.5/84.5/86.5/84.5 (Earnings Play)
$TAP 95/90 BECS
Nothing Ugly Possible On This Site
Thanks for everyone’s support.
VIX Indicator and SPX Postion Chart have been updated
#OptionsExpiration #SPXcampaign #ShortCalls #ShortPuts #Earnings #ContangoETFs #VXXGame
— Expired w/Max Profit —
DUST 60 call
FB 110 put
NFLX 105.71, 120, and 125 puts
NUGT 30 call
UVXY 37 calls
SPX 2300/2325 calls
— Expiring w/loss —
PG 82.5/84.5/86.5 iron butterfly
#OptionsExpiration for Jan 20
A big one for me this month
Expiring:
$AET 01/20/2017 145 calls
$AET 01/20/2017 115 puts
$AMGN 01/20/2017 120 puts
$CMG 01/20/2017 330 puts
$DUST 01/20/2017 60 calls
$DUST 01/20/2017 70 calls
$DUST 01/20/2017 85 calls
$DUST 01/20/2017 90 calls
$DUST 01/20/2017 107 calls
$ESRX 01/20/2017 60 puts
$MRK 01/20/2017 140 puts
$MDLZ 01/20/2017 38 puts
$MNK 01/20/2017 45 puts
$MNST 01/20/2017 36.67 puts
$MYL 01/20/2017 35 puts
$NUGT 01/20/2017 15 calls
$NUGT 01/20/2017 21 calls
$NUGT 01/20/2017 24 calls
$NUGT 01/20/2017 30 calls
$NUGT 01/20/2017 37 calls
$NUGT 01/20/2017 50 calls
$PANW 01/20/2017 125 puts
$REGN 01/20/2017 320 puts
$REGN 01/20/2017 350 puts
$REGN 01/20/2017 360 puts
$SVXY 01/20/2017 30 puts
$SVXY 01/20/2017 35 puts
$SVXY 01/20/2017 40 puts
$SVXY 01/20/2017 45 puts
$SVXY 01/20/2017 60 puts
$SVXY 01/20/2017 75 puts
$UVXY3 01/20/2017 56 calls
$UVXY3 01/20/2017 60 calls
$WHR 01/20/2017 120 puts
$AAPL 01/20/2017 120 calls (covered)–stock pinned at the strike. This may either expire or get called away.
$MBLY 01/20/2017 44 calls (covered)
$NOV 01/20/2017 40 calls (covered)
$SWN 01/20/2017 14 calls (covered)
$TWLO 01/20/2017 32 calls (covered)
Assignments
Stock being called away:
$LLY 01/20/2017 72.50 calls (covered)
$SVXY 01/20/2017 90 calls (covered)
Will be going long stock:
$UAA 01/20/2017 30 puts
Have a great weekend everyone.
Have a nice weekend to everyone.
#VXXGame #ShortCalls #Rolling
BTC SVXY Jan 20th 95 call for 16.05. Rolled to: June 135 calls for 8.05 (x2)
BTC SVXY Jan 20th 105 calls for 6.10. Rolled to: June 140 calls for 6.60
#OptionsExpirations #Monthlys #Jan20 – Could have been better, but not bad for a major expiration.
— Expirations —
ALXN Jan 20 2017 90 Puts
AMGN Jan 20 2017 115 Puts
CF Jan 20 2017 35 Calls
CLDX Jan 20 2017 5 Calls
DUST Jan 20 2017 25 Puts
DUST Jan 20 2017 30 Puts
DUST Jan 20 2017 90 Calls
ESV Jan 20 2017 13 Calls
ESV Jan 20 2017 14 Calls
GILD Jan 20 2017 67.5 Puts
GILD Jan 20 2017 85 Calls
ILMN Jan 20 2017 100 Puts
MCO Jan 20 2017 105 Calls
MRO Jan 20 2017 20 Calls
MYL Jan 20 2017 35 Puts
MYL Jan 20 2017 45 Calls
NKE Jan 20 2017 43.75 Puts
NOV Jan 20 2017 26 Puts
PANW Jan 20 2017 115 Puts
SVXY Jan 20 2017 30 Puts
SVXY Jan 20 2017 35 Puts
SVXY Jan 20 2017 40 Puts
SVXY Jan 20 2017 55 Puts
SVXY Jan 20 2017 60 Puts
SVXY Jan 20 2017 65 Puts
SWN Jan 20 2017 14 Calls
SWN Jan 20 2017 9 Puts
TRIP Jan 20 2017 52.5 Calls
UVXY 20/Jan 20 2017 14 Calls
UVXY 20/Jan 20 2017 60 Calls
UVXY Jan 20 2017 40 Calls
WYN Jan 20 2017 55 Puts
— Assignments —
SVXY Jan 20 2017 88 Calls – going short 100 shares with a 95.71 cost basis.
I am starting the year off with a good expiration but don’t have much left to expire after this month.
SVXY
25 puts
30 puts
35 puts
40 puts
45 puts
50 puts
55 puts
60 puts
CMG 330 puts
AGN 195 puts
DB 19 puts
#optionsexpiration
$UVXY Jan 20 $40 calls sold for 0.30, way outside the money
#SPXcampaign Final put spread of the week and three closed spreads…
Sold to Open $SPX Feb 16th 2165/2140 put spreads for 1.30
Bought to close Jan 27th 2180/2155 put spreads for .20. Sold for 1.40 on Jan 5th.
Bought to close Jan 23rd 2090/2315 call spreads for .20. Sold for 4.35 on Jan 11th.
Bought to close Feb 10th 2350/2375 call spreads for .20. Sold for 1.30 on Jan 10th.
$NUGT #shortputs
BTC Jan 20 35 puts for $1.10, sold 1.50
BTC Jan 20 40 puts for $5.70, sold 4.00
It looks like gold has not found its top yet so I’ll hold off on DUST and perhaps trade NUGT instead.
$SVXY #ShortCalls – Bought to close SVXY Jan 20 110 Calls @ 0.66 to avoid assignment. Originally sold for 1.50.
I’m not going to be around for the rest of the day so I’m posting these just a tad early. Given that this is a monthly expiration, I have a very short list. Just not many opportunities post election to enter positions. I’m focusing on making good entries. Some of you will have a huge list, good job.
$SVXY $40 puts
$SVXY $45 puts
$SVXY $50 puts
$SVXY $55 puts
$SVXY $90 puts
$UVXY $37 calls
$UVXY $40 calls
$UVXY 20/100 $60 calls
Have a great weekend everyone.
#ShortCalls Closed this position to avoid assignment today. This was a rollout from deep deep deep in the money calls and had to be rolled several times (the last time when NUGT was around 33!) Obviously glad to be out of this one for an ultimate profit and glad to be out of the other out of the money short NUGT calls that will be expiring today.
Bought to close $NUGT Jan 20 9.00 calls @ 1.36. Sold for 24.30 as a rollout on 8/3/16.
#CoveredCalls #Gold #Earnings
STO $RGLD April 80 call for 2.00
$NUGT #CoveredCalls #IRA – normally I would let this week’s worthless option roll off and attempt to sell next week’s on Monday. But with NUGT running hard toward the close I’ve decided to roll instead.
I’m spending a little to buy back worthless calls but who knows what Monday will bring.
Bought to close NUGT JAN 20 2017 12.0 Calls @ 0.01
Sold NUGT JAN 27 2017 12.0 Calls @ 0.23
Bought to close NUGT JAN 20 2017 11.5 Calls @ 0.01
Sold NUGT JAN 27 2017 11.5 Calls @ 0.33
This link lists commissions and fees, however my accounts are awaiting funding so I can’t give an actual spread total yet. https://tastyworks.com/commissions-and-fees.
Hope this link works???
Has anyone confirmed the commission cost to sell an SPX spread?
$SVXY #ShortPuts – Sold SVXY Jan 27 2017 88.00 Puts @ 0.24. These only have a week to go and are over 22 points out of the money
#BullPutSpreads – Adding one more to yesterday’s starter…
Sold GS FEB 17 2017 235.0/230.0 Bull put spread @ 2.30
$MYL #ShortPuts – Bought to close MYL Jan 20 2017 35.0 Puts @ 0.01. I actually forgot that this order was in and they would have expired, but it was still a nice gain.
$DUST #ShortPuts #Rollout – rolled these out two weeks and down 5 points.
Bought to close DUST Jan 20 2017 35 Puts / Sold Feb 3 2017 30 Puts for a 0.60 credit.
After these closed out of the money yesterday, I was hoping they would expire.
Bought to Close REGN JAN 27 2017 322.5/395.0 Strangle @ .70 (sold for 5.25)
Now if he’ll mention drug prices in his speech I’ll sell another one…LOL
#VXXGame
a couple of more short term positions
STO Jan 27 $36 calls @ $0.50
STO Feb 3 $42 calls @ $0.61
Thoughts anyone on this strangle MCD Jan 27 116/129 for .34 cr??? MCD has earnings on 1/23.
Sold SWKS JAN 20 2017 87.0 Puts @ .37
This is an attempt to offset the .55 loss on the iron flies. Sold 1 for 1 so still at least a .18 loss. Darn platform locked up and had to jump over to the regular website to reset all the standing orders and missed slightly higher premium. Still, I’ll take this earnings week every week!
#SPXcampaign Sold to Open $SPX Feb 16th 2335/2360 call spreads for 1.40, with SPX at 2275
STC strangle AXP for .02. Placed yesterday for .32 cr
$UVXY #ShortCalls #VXXGame – sold these yesterday afternoon but couldn’t report them since I was travelling.
Sold 1 UVXY Mar 17 2017 60.0 Call @ 2.60
Sold 1 UVXY Jun 16 2017 60.0 Call @ 6.60.
These are extraordinary premiums given that the stock would have to double to put them in the money.
$CVS #CoveredCalls – early assignment last night on CVS JAN 20 2017 82.5 Calls.
Acquired the stock on a put assignment at 80 last year.
I had intended on rolling the call up a bit, but this is fine. Closer to cash.
#VXXGame #ShortCalls STO UVXY Jan 27th 37 calls for .75
#VXXGame
Nibbled a little
STO Feb 17 $60 calls @ $1.00
#SPXcampaign Bought to close $SPX Jan 19th 2240/2215 put spreads for .40. Sold as part of a #CondorRoll for 3.25 on Jan 11th. Letting the 2300/2325 call side expire. Because this settles tomorrow morning, could not risk an overnight gap, especially with the weakness we’re now seeing.
Hey fibwizard…did you catch this move? Big bounce off lower pivot…
This should do it:
Sold SVXY FEB 17 2017 110.0/105.0 Bull put spreads @ 2.25
Bought to close $MYL Jan 20 38 puts for 1.20. Taking the opportunity for a small profit (sold for 1.35 in August) with the stock still in the money at 36.84 a day before expiration.
#Earnings #IronButterfly Not a big mover on earnings, so playing for calm.
STO $PG Jan 20th 82.5/84.5/86.5 iron butterfly for 1.28. Risking .72 to make 1.28.
BTO 2019 35 calls @ 39.86
STO 2019 35 puts @4.86
STO Jan. 27, 71.5 calls @1.20
I will write weekly calls out to 2019 and can always exercise my 35 calls if called away. however, I intend to roll the weekly call options or let them expire if they are out of the money.
$SWKS Taking this one off before earnings tonight. No sense holding for .03.
Bought to close $SWKS Jan 20 65 puts @ .03. Sold for 1.10 on 12/1.
Taking a small shot on a less than expected move…
Sold Jan 20th 76/79/82 iron flies @ 2.45 risk 55 to make 245 on an expected move of 3.95
Plans to manage:
1. Close for nice winner 🙂
2. Take stock or roll if she tanks
3. Sell higher puts to bring in around .55 if she screams higher.
Continue to sell calls on $REGN that was put to me
BTC $REGN 1/20 382.50 calls @.05
STO $REGN 2/3 380 calls @ 4.64
Reduced basis by $24 doing this since assignment on 11/21.
IBM has earning today also. looking at the 175/155 for .45cr. Thoughts anyone????
Notable Earnings After the Close, Thursday or Before the Open on Friday:
ASB, AXP, CFG, COL, FFBC, GE, IBM, KSU, PBCT, RF, SLB, STI, SWKS, SYF, TEAM
Notable Earnings After the Close Friday (Previous Week) or Before the Open on Monday:
BOH, CBU, HAL, MCD
Jan 19 09:29 Shorted YM at the center Pivot, at 19730
Jan 19 09:29 Exited the trade at the S1 Pivot , at 19670
gain of 60 points
10:20 Reversed my trade at the 19680, as the YM bounced at the S1 pivot,
10:22 Exit my trade at the 19720, just under the Center pivot..at 19720
additional gain of 40 points
finished for today…
thoughts on Jan 20 73/83 strangle at .44cr?
#Short Options Rolled my Jan 20th 18.50 short puts out and down a bit to Feb 17th 18 for a 0.33 credit. Rolled to avoid assignment.
AXP has earnings after the close. Looking at selling 72/83 for .33 cr. not sure it’s worth it.
Same as last week….copy and paste and change a couple numbers:
#CoveredCalls – Gradually working these up hoping they will eventually expire before earnings so I can then sell some nice juicy ones. 1 more roll after this one for Feb 9th earnings…
Rolled this week’s 90 calls to next week’s 91’s @ .25 credit
Got out of my IC from yesterday. Sold for 1.22, got out for 0.25 as I have to leave my desk for the day and can’t watch it if it bounces up now.
Glad to take the money and run.
#BullPutSpreads – Selling just slightly ITM. If the 50ma doesn’t hold, and no matter how far it drops, I’ll be able to get in just 2.55 below the current stock price. If she bounces, it’s a nice winner. How can this go wrong with 4 former GS guys in the Trump cabinet…LOL
Sold GS FEB 17 2017 235.0/230.0 Bull put spreads @ 2.45
In pre-market, Bought to close $SPX Jan 31st 2330/2355 call spreads for .20. Sold as part of a #CondorRoll for 4.80 on Jan 6th.
Just after the bell, Bought to close $SPXPM Jan 20th 2225/2200 put spreads for .20. Sold for 2.65 on Jan 5th.
BTC Jan. 20, 775 call @35.84
STO Feb. 3, 780 call @ 43.34
I am selling the weekly calls against my long 600 call in 2019
#Earnings #ShortCalls #ShortPuts
With the success of yesterday’s bullish trades, I am closing NFLX positions that were rolls from failed October earnings trades.
BTC NFLX March 95 put for .15. Sold for 2.55 on 10/24
BTC NFLX March 90 put for .12. Sold for 2.97 on Nov 14th
BTC NFLX March 150 calls for 2.77. Sold for 4.50 on Oct 21st
#Earnings – Earnings season off to a really nice start…
Bought to Close GS Jan 20th 225/235/245 iron butterflies @ 3.38 (sold for 6.10)
#Earnings – I don’t even have a NFLX account but I may open one after today…LOL
Opening dip allowed me to close the iron fly at close to even in spite of a move well outside of the fly…(even though it’s getting better as I type).
Bought to Close 124/132/140 iron butterfly @ 7.00 (sold for 6.80)
And:
Bought to Close NFLX JAN 20 2017 125.0 Puts @ .04 (sold for 3.33)
#becs
Closed on downtrend this morning
$NFLX 150/140 1/20 BECS @ 1.40 Sold for 1.20 on 12/13
Still holding $NFLX 2/17 115 calls (long) and $NFLX 1/20 110/120 BUPS (plan to let it expire tomorrow.)
BTC Jan. 20, 820 call @ 11.05
STO Feb. 3, 825 call @ 22.75
NFLX STC 110/155 for 90% profit
#OptionsExpiration #SPXcampaign
Expiring: SPX 2290/2315 call spreads, sold as part of a #CondorRoll for 4.65 on 1/10.
Expired
$SPX 1/18 2215/2240 BUPS
#spxcampaign
Sold to open following @jeffcp66
$SPX 2/17 2365/2330 BECS @ 1.50
$SPX 1/25 2215/2240/2310/2285 Iron Condor @ 4.05
Closed Early
$SPX 1/23 2140/2165 BUPS @ 90% profit
#shortputs
Closed Early (Before $NFLX earnings)
Tried to be prudent. Closed 75% of my BUPS in $NFLX but did keep my 2/17 $NFLX 115 calls (Long)
And a $NFLX 1/20 150/140 BECS (see if I can get out tomorrow with minimal damage)
$NFLX 1/20 100/110 BUPS @ 89% profit (OMM Trade)
$NFLX 1/20 102.86/111.43 BUPS @ 73% profit (OMM trade)
